On Friday, the estate managing the collapsed crypto exchange FTX announced that its recovery trust had begun disbursing over $5 billion tied to both convenience and non-convenience class claims. As distributions roll out over the following three days, Coinbase Institutional observed in its weekly briefing that this injection of capital could invigorate liquidity across crypto […]
Source: https://news.bitcoin.com/5b-in-ftx-funds-are-hitting-wallets-will-crypto-markets-get-a-second-wind/